Looking to buy property in a rural area? Then a USDA Loan may be the loan for you. Many rural areas qualify for no-money-down financing options through the Rural Housing Service (RHS). Only properties in certain areas qualify for USDA Loans, so be sure to contact a Peak Mortgage advisor first.

USDA Loans are especially attractive to…

  • Borrowers looking at buying homes in rural areas
  • Homebuyers with low to moderate income levels
  • Buyers with limited funds for down payments

Loan Features

No down payment options

Borrowers purchasing property in qualified rural areas may be able to receive financing for the entire loan amount.

Fixed rates

The interest rate on USDA Loans is fixed for the duration of the loan.

No penalties for prepayment

USDA Loans do not have any penalties for early payments.